Obama put on 'Keystone Clock'

WASHINGTON, Feb. 12 (UPI) -- A Republican-led energy committee said the clock is ticking and it's time for U.S. President Barack Obama to approve the Keystone XL pipeline from Canada.

The House Energy and Commerce Committee put Obama on a "Keystone Clock," noting it's been more than 1,600 days since pipeline company TransCanada submitted a construction application to the U.S. State Department.

Keystone XL would deliver Canadian crude oil to southern U.S. refineries. Supporters say it would ensure North American energy independence and provide more jobs while detractors say the environmental risks are too great.

TransCanada had to reconsider its plans through Nebraska to allay environmental concerns before the state gave its consent. The U.S. government has the ultimate say, however, because the pipeline would cross the U.S.-Canadian border.

"Despite the nation's economy contracting last quarter, the president is still having difficulty saying 'yes' to $7 billion in private investment that will jumpstart the economy and boost the middle class," a committee statement read.

U.S. Secretary of State John Kerry said a decision on the project was expected soon.

United Press International is a leading provider of news, photos and information to millions of readers around the globe via UPI.com and its licensing services.

With a history of reliable reporting dating back to 1907, today's UPI is a credible source for the most important stories of the day, continually updated - a one-stop site for U.S. and world news, as well as entertainment, trends, science, health and stunning photography. UPI also provides insightful reports on key topics of geopolitical importance, including energy and security.